Monday, May 12th, 2014 / by ExcelHelp
Earlier this week, this blog covered a story about how Microsoft Excel is costing your business millions of dollars, as well as a response by Matt Allington defending the popular spreadsheets. The basic takeaway is that the original piece has one solid point – Excel is static – and proceeds to back that up with inaccuracies or misunderstandings.
Our earlier post broke down Allington’s dissection of the piece and many of the main reasons why the original article was wrong. However, there is a second part to the argument that is quite interesting that we have not yet covered. While Excel will not cost your business millions, can it instead help create millions of dollars?
The short answer is yes, but it will take doing.
Know what tools you need
Allington makes the case that many organizations cost themselves money because of the belief that all of their problems are because of the tools. If you buy new, more powerful ones, everything will get better.
Nothing could be further from the truth. I can give you the most state of the art tools, but if you do not know how to make a chair, the constitution project will fail. However the flip side to this situation is that a talented and experienced carpenter can make a beautiful and functional pieces of furnature with the most basic of tool sets.
“My experience is that problems with existing BI solutions are related to ‘how’ the tools are used and deployed as well as problems with master data standards and reporting processes,” Allington wrote. “It is definitely true that high end BI tools have a significant and growing role in business, but they are not the only tools.”
He goes on to lay out several steps that organizations should take in order to get the most out of their Excel processes.
How Excel may increase your workflow’s effectiveness
With the help of an Excel consulting firm any organization can determine if the spreadsheet is right for their business.
I can not recommend ExcelHelp more highly. We had been struggling to complete a critical project and finding them was a lifesaver. Tom was knowledgable, professional, personable, patient and responsive. Look no further for your database programming needs. Thanks Tom and ExcelHelp.com!Randy Hartnell
We anticipate a long business partnership with ExcelHelp and look forward to working with them. I have been nothing but impressed with your firm’s services, your team members tenacity and the overall results. Sometimes you have to travel a bumpy road trying different firms until you find the one that fits.Posted By: Charlene Faber
Chief Operation Officer, Current Builders
I’d like to express my gratitude for the help and cooperation we’ve received from your entire organization during the development of our Modeling Utility. Over the past several weeks we’ve engaged key customers worldwide...We have confidence that this effort will add significant capability and value to the overall success of the program.Business Development Manager
Network Architecture and Strategy
Posted By: Marty M.